Zip 07465 (Wanaque, NJ) Cost of Living


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How much do I need to live in Wanaque, New Jersey?
$6,300 / month
for a family, 16.7% more expensive than the national average A total of $75,600 for the year for a family.
$5,867 / month
for a single person, 23.1% more expensive than the national average A total of $70,400 for the year for a single person.

Wanaque cost of living score
124.8
More expensive
24.8% higher
than the US average
4.2% higher
than the New Jersey average
Wanaque (zip 07465), New Jersey gets a BestPlaces Cost of Living score of 124.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% higher than the U.S. average and 4.2% lower than the average for New Jersey.

Zip 07465 (Wanaque, NJ)

Housing costs in Wanaque?
A typical home costs $394,300, which is 16.6% more expensive than the national average of $338,100 and 8.7% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Wanaque costs $2,050 per month, which is 19.9% more than the national average of $1,710 and 5.9% cheaper than the state average of $2,170.

Can I afford Wanaque?
To live comfortably in Wanaque (zip 07465), New Jersey, a minimum annual income of $75,600 for a family, and $70,400 for a single person is recommended.

What does A.I. say about Wanaque?
The cost of living in 07465 Wanaque, NJ is relatively high. The median home value is $377,200, which is higher than the national average by nearly double. On top of that, the average cost of a gallon of gas is 5% higher than the national average and the median rent is over $2,000 per month. Additionally, groceries are slightly more expensive here than other places in the US. Despite these costs however, Wanaque offers a peaceful lifestyle with nearby shopping and recreational activities that make it worth it for many.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWanaqueNew JerseyUnited States
    Unlock119.8100.0
  105.3  Unlock100.0
    Unlock96.9100.0
  126.1  Unlock100.0
    Unlock$432,100$338,100
  102.0  Unlock100.0
    Unlock127.7100.0
  101.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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